LATEST DRILLING OUTLINES HIGH GRADE GOLD MINERALIZED CORRIDORS ON ZONE 123 AT THE CASA BERARDI MINE
December 21 2010 - 7:30AM
PR Newswire (Canada)
VANCOUVER, Dec. 21 /CNW/ -- Shares Listed: Toronto Stock Exchange -
Ticker Symbol - ARZ NYSE Amex: - Ticker Symbol - AZK U.S.
Registration: (File 001-31893) News Release Issue No. 38 -
2010 VANCOUVER, Dec. 21 /CNW/ - Aurizon Mines Ltd. (TSX: ARZ; NYSE
Amex: AZK) is pleased to report the results of recent drilling
along Zone 123 from the exploration drift on the 810 metre level at
its Casa Berardi Mine in north-western Quebec. The current
exploration program focused on Zone 123, located approximately 1.0
kilometre east of the West Mine shaft, with the objective to
delineate high grade mineralization corridors. Thirteen (13) new
holes were completed from the 810 metre level drift and from the
newly extended 550 metre level track drift. The program is
targeting a series of south-east dipping corridors where high grade
mineralized corridors, ranging from 50 to 150 metres wide and open
along strike, were previously identified. Ten (10) mineralized
intervals out of thirteen (13) returned a metal factor above 10
(true width in metres x the gold grade in grams per tonne), or
higher. They are included in this release and are illustrated
on the attached sketch. The drilling program covered an area
of 100 metres along strike, 200 meters in width and up to 200
metres below and above the 810 metre level. The best results were
19.1 grams of gold per tonne over 10.4 metres (true width) in hole
CBP-0205 and 10.1 grams of gold per tonne over 12.5 metres (true
width) in hole CBP-0209, respectively, which indicate lense
continuity in the trend of the mineralized corridors. The results
indicate at least three (3) distinct high grade corridors located
between the 1,050 metre level and the 280 metre level. In Zone 123,
gold mineralization occurs in quartz veins, cherty units and
massive sulphides structures located between the South Zone 123
break to the east and the South break to the west in a volcanic
bearing environment. These corridors could extend for more
than 1.0 kilometre, up and down-dip containing individual lenses
along the corridor. "The continuity in the mineralized system of
Zone 123 confirms potential to extend the mineralization towards
the east and west increasing the potential to find more mineralized
corridors within this structure" said Gilles Carrier P. Eng.,
Principal Exploration Geologist. Outlook Underground drilling will
continue with two rigs from the 550 metre exploration track drift
to define the down dip and the up-dip extensions of the zone.
An updated mineral resource estimate will be completed as of
December 31, 2010. Quality Control Core assays are performed on
core sawed in half, with standard fire assay procedures and atomic
absorption finition. Certified reference material, duplicate and
blanks are inserted in the sample sequence for quality
control. Assay checking on pulp and coarse rejects are
carried out on approximately 5% of samples. Additional
information on Quality Assurance and Quality Control ("QA/QC"), can
be found in the 'Technical Report on the Casa Berardi Mine', dated
February 9, 2009, which can be found under Aurizon's profile on
www.sedar.com Primary exploration assaying was performed at
the mine site laboratory and at Swastica lab in Ontario. The
QA/QC program is a performed at ALS Chemex lab in Val d'Or. Drill
hole planning, implementation and the quality control program is
supervised by Gilles Carrier, P. Eng., Principal Exploration
Geologist, a qualified person as defined by National Instrument
43-101. Mr. Carrier is also responsible for the scientific
and technical information in this news release. Additional
Information The attached sketch shows the location of the holes
which returned the best results, those being those holes with a
metal factor of 10 (calculated as the true width in metres x the
gold grade in grams per tonne) or greater.
http://files.newswire.ca/734/Sketch_NR122110%5B1%5D.pdf About
Aurizon Aurizon is a gold producer with a growth strategy focused
on developing its existing projects in the Abitibi region of
north-western Quebec, one of the world's most favourable mining
jurisdictions and prolific gold and base metal regions, and by
increasing its asset base through accretive transactions.
Aurizon shares trade on the Toronto Stock Exchange under the symbol
"ARZ" and on the NYSE Amex under the symbol "AZK". Additional
information on Aurizon and its properties is available on Aurizon's
website at http://www.aurizon.com. Forward Looking Statements and
Information This news release contains "forward-looking statements"
and "forward-looking information" within the meaning of applicable
securities regulations in Canada and the United States
(collectively, "forward-looking information"). The
forward-looking information contained in this news release is made
as of the date of this news release. Except as required under
applicable securities legislation, the Company does not intend, and
does not assume any obligation, to update this forward-looking
information. Forward-looking information includes, but is not
limited to, statements with respect a new resource estimate of Zone
123 of the Company's Casa Berardi Mine, and timing and expectations
of future work programs. Often, but not always,
forward-looking information can be identified by the use of words
such as "plans", "expects, "is expected", "budget", "scheduled",
"estimates", forecasts", "intends", "anticipates", or "believes",
or the negatives thereof or variations of such words and phrases or
statements that certain actions, events or results "may", "could",
"would", "might", or "will" be taken, occur or be achieved. The
forward-looking information contained in this news release is based
on certain assumptions that the Company believes are reasonable,
including, with respect to mineral resource estimates, the key
assumptions and parameters on which such estimates are based, as
set out in the technical report for the property, that the
current price of and demand for gold will be sustained or will
improve, the supply of gold will remain stable, that the
general business and economic conditions will not change in a
material adverse manner, that financing will be available if and
when needed on reasonable terms and that the Company will not
experience any material accident, labor dispute, or failure of
plant or equipment. However, forward-looking information involves
known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of the
Company to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking information. Such factors include, among
others, conclusions of economic evaluations, the risk that actual
results of exploration activities will be different than
anticipated, that cost of labour, equipment or materials will
increase more than expected, that the future price of gold will
decline, that the Canadian dollar will strengthen against the U.S.
dollar, that mineral resources are not as estimated, that actual
costs or actual results of reclamation activities are greater than
expected; that changes in project parameters as plans continue to
be refined may result in increased costs, of unexpected variations
in mineral resources, grade or recover rates, of failure of plant,
equipment or processes to operate as anticipated, of accidents,
labour disputes and other risks generally associated with mining,
unanticipated delays in obtaining governmental approvals or
financing or in the completion of development or construction
activities, as well as those factors and other risks more fully
described in Aurizon's Annual Information Form filed with the
securities commission of all of the provinces and territories of
Canada and in Aurizon's Annual Report on Form 40-F filed with
the United States Securities and Exchange Commission, which are
available on Sedar at www.sedar.com and on Edgar at
www.sec.gov/. Although the Company has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking information, there may be other factors that cause
actions, events or results to not be as anticipated, estimated or
intended. There can be no assurance that forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Readers are cautioned not to place undue reliance
on forward-looking information due to the inherent uncertainty
thereof.
_____________________________________________________________________
| Hole | E (m) |From (m)|To (m)|Length along|True width |Gold grade
| | | | | |the hole (m)| (m) | (g/t) |
|________|_______|________|______|____________|___________|___________|
|CBP-0187|12387.0| 135.0 |141.6 | 6.6 | 6.6 | 11.6 |
|________|_______|________|______|____________|___________|___________|
|CBP-0188|12424.7| 118.9 |128.0 | 9.1 | 9.1 | 2.6 |
|________|_______|________|______|____________|___________|___________|
|CBP-0189|12532.1| 153.4 |156.8 | 3.4 | 3.2 | 8.8 |
|________|_______|________|______|____________|___________|___________|
|CBP-0190|12522.0| 151.9 |157.7 | 5.8 | 5.7 | 4.9 |
|________|_______|________|______|____________|___________|___________|
|CBP-0201|12398.8| 149.0 |150.0 | 1.0 | 0.8 | 5.0 |
|________|_______|________|______|____________|___________|___________|
|CBP-0202|12393.2| 138.0 |141.8 | 3.8 | 3.8 | 13.1 |
|________|_______|________|______|____________|___________|___________|
|CBP-0203|12400.8| 155.8 |158.2 | 2.4 | 1.5 | 4.0 |
|________|_______|________|______|____________|___________|___________|
|CBP-0204| | | | | | |
|________|_______|________|______|____________|___________|___________|
|CBP-0205|12393.1| 129.0 |139.4 | 10.4 | 10.4 | 19.1 |
|________|_______|________|______|____________|___________|___________|
|CBP-0206|12336.2| 408.9 |411.0 | 2.1 | 2.1 | 18.8 |
|________|_______|________|______|____________|___________|___________|
|CBP-0207|12326.0| 208.4 |226.9 | 18.5 | 15.8 | 5.8 |
|________|_______|________|______|____________|___________|___________|
|CBP-0208|12284.2| 272.8 |294.0 | 21.2 | 9.0 | 5.0 |
|________|_______|________|______|____________|___________|___________|
|CBP-0209|12293.0| 337.8 |366.0 | 28.2 | 12.5 | 10.1 |
|________|_______|________|______|____________|___________|___________|
Holes CBP-0189 and CBP-0190 were drilled from the 550 metre level
track drift. Hole CBP-0204 was abandoned before reaching targeted
zone. To view this news release in HTML formatting, please use the
following URL:
http://www.newswire.ca/en/releases/archive/December2010/21/c6825.html
table border="0" valign="top" cellspacing="0"tr valign="top"td
valign="top" align="center" colspan="2"bAURIZON MINES LTD./b/td/tr
tr valign="top"td valign="top" align="center"David Hall, President
and C.E.O. br/ Telephone: (604) 687-6600br/
Toll Free: 1-888-411-GOLDbr/ Fax: (604) 687-3932/td td valign="top"
align="center"Martin Bergeron, Vice President, Operationsbr/
Telephone: (819) 874-4511br/ Fax: (819) 874-3391/td/tr tr
valign="top"td valign="top" align="center" colspan="2"Web Site: a
href="http://www.aurizon.com"www.aurizon.com/a Email: a
href="mailto:info@aurizon.com"info@aurizon.com/a/td/tr tr
valign="top"td valign="top" align="center" colspan="2"or/td/tr tr
valign="top"td valign="top" align="center" colspan="2"bRenmark
Financial Communications Inc./bbr/ 1550 Metcalfe, Suite 502br/
Montreal, QCbr/ H3A 1X6br/ Barry Mire: a
href="mailto:bmire@renmarkfinancial.com"bmire@renmarkfinancial.com/abr/
Maurice Dagenais: a
href="mailto:mdagenais@renmarkfinancial.com"mdagenais@renmarkfinancial.com/abr/
Media: Lynn Butler: a
href="mailto:lbutler@renmarkfinancial.com"lbutler@renmarkfinancial.com/abr/
Tel: (514) 939-3989 Fax: (514) 939-3717/td/tr/table
Copyright
Aurizon Mines (AMEX:AZK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Aurizon Mines (AMEX:AZK)
Historical Stock Chart
From Jul 2023 to Jul 2024